Condé Nast to Lay Off 5% of Employees, Close Offices in Bid to Cut Costs
Media and publishing company Condé Nast will lay off upwards of 300 employees, representing 5% of its headcount, and take other cost-reduction measures as it looks to improve efficiency. Condé Nast says it has more than 6,000 employees, meaning the job cuts will eliminate more than 300 roles. The cutbacks were announced by CEO Roger […]